Following the second run-up a consolidation phase is underway. Many catalysts in the medium term will set this up for the next run.
TSXV:HPQ patiently waiting for a price correction that appears to be in the works. i have high hopes for this company, but like all of my charts, i keep it simple to what my indicators show.
Seems pretty obvious the massive volume on the 1st of december was in part thanks to shorts heading for the hills, In theory the shorts may have decided to attack a weakness when no NR was released today, and yesterday. The fact the 50 fib level has held up with a bottom wick as support is extremely bullish in my eyes. GLTA involved! TSXV:HPQ
What is HPE? HPE aka Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data from edge to cloud. The company offers industry standard servers for multi-workload computing; mission-critical servers; storage solutions; and solutions for secondary workloads and traditional tape, storage networking, and disk...
In order to decrease the risk associated with this trade, I strongly recommend waiting for tomorrow's earnings call: I like to play it safe and decrease unnecessary exposure when possible. A negative price reaction to earnings might invalidate this whole trade. Ascending Triangle with clear uptrend Support. Target price set at a new potential resistance...
HP as a whole, posted $1.2 Billion net income for the entire year last year. The company just posted it's Q3 Financials, and posted an insane QUARTERLY profit of $734 Million! Stock price is already up in pre-market about 5%, this could cause enough hype to accelerate the steady bull run the stock is on, up to its pre March price.
Uptrend Support with an Ascending Triangle forming within an uptrend corridor. Target price set at the 4th confirmation of the resistance line. - 4-month uptrend - RSI and STOCH above 50 - MACD above Signal Suggested Entry $18.84 Suggested Stop Loss $18.28 Target price $21.04 Note that I tend to adjust stop losses in order to secure profits early and preserve...
HBQ formed a Symmetrical Triangle Pattern , it is waiting to confirm after 1 hour, basically a nice pattern and Tp $ 22. Buy : $17.50 Target : $22 Stop loss : $17.02 Wish you a successful trading !
Technical Analysis - Hold Before buying - There are some concerns around the Printing Business (Loss of 19%) Prices are moving inside a channel, wait to check if the support will be tested again before buying. Fundamental Analysis There was good news for HP (ticker: HPQ) in PCs, with flat revenues in notebooks year over year. But the printing business was badly...
EARNINGS: ... with June monthly at-the-money short straddle price as a function of stock price shown: HPQ (38/62), 14.3%: Announces Wednesday before market open. CRM (54/46), 8.7%: Announces Thursday before market open. COST (35/32), 6.5%: Announces Thursday before market open. Notes: Ordinarily, I screen potential earnings announcement volatility contraction...
Ive got a hunch that there was a substantial jump in home printer purchases and it’s possibly not baked into the BCBA:HPQ stock price. This is a “No Look Pass” pass.. 1. trends.google.com it’s Google search trend of the phrase “Home Printer”.. Notice the DOUBLING of searches in March. 2. “Ok, we get it Geno.. Everyone was forced to work from home early March...
NYSE:HPQ Price was able to breach the downward channel that continued since a year back, Buyers were able to break the 200EMA as well. If price is able to stay above the 200EMA price is expected to target the 24.00 area, but will be expected to meet resistance around the 20.60 and the 21.00 area’s Stop-loss should be below the 200EMA sitting at 19.00.
Last 10Y for Period: 1st Nov-8th Nov: 10 Trades Winning Trades: 80% Avg Return: +2.84% Median: +3,35% Standard deviation: +3.13% Check comments on the chart.
EARNINGS: HD (33/24) announces earnings on Tuesday before market open; HPQ (68/38), Thursday after market close. Although the rank/implied metrics are less than stellar, pictured here is an HD June 21st 180/185/200/205 iron condor paying 2.13 (1.06 at 50 max), expected move break evens, and delta/theta metrics of -2.22/2.96. Alternative Trades: June 21st...
NYSE:HPQ HP INCORPORATION Stock - NYSE (USA) Expanding or Reverse Symmetrical Triangle (Short Signal) Profit:Risk = 1.5:1 --- Sell Stop (Sell) = $20.47 Take Profit = $20.17 Stop Loss = $20.67 ------ Take Profit = +1.47% Stop Loss = -0.98%